Naira

Naira Exchange Rates Today Friday, June 25, 2021

Published

3 years ago

June 25, 2021

Naira opened at N500 to a United State on Friday while the British Pound exchanged at N710 and Euro traded at N600 a unit.

The uncertainty weighing on the Naira remained despite efforts to curtail further decline. See the Naira exchange rates below.

Naira Black Market Exchange Rates

Morning * Midday** Evening *** Final Rates

Date	USD	GBP	EURO	YUAN	Canadian	Australian
NGN	BUY/SELL	BUY/SELL	BUY/SELL	BUY/SELL	BUY/SELL	BUY/SELL
25/06/2021	496/500	705/710	595/600	62/69	400/410	300/322
24/06/2021	495/500	705/710	590/595	62/69	400/410	300/322
23/06/2021	495/500	705/710	585/592	62/69	400/410	300/322
22/06/2021	495/500	703/713	585/595	62/69	400/410	300/322
21/06/2021	495/500	703/710	585/592	62/69	400/410	300/325
18/06/2021	492/498	700/710	585/595	62/69	400/410	300/325
17/06/2021	483/493	700/710	590/600	62/69	400/410	300/322
16/06/2021	497/502	707/713	600/606	62/69	400/410	300/322

Bureau De Change Naira Rates

Date	USD	GBP	EURO
NGN	BUY/SELL	BUY/SELL	BUY/SELL
25/06/2021	485/495	700/718	588/605
24/06/2021	485/495	700/718	580/605
23/06/2021	485/495	700/718	580/605
22/06/2021	485/495	700/718	580/605
21/06/2021	480/490	680/710	550/603
19/06/2021	475/490	680/715	580/603
18/06/2021	475/485	680/715	580/603
17/06/2021	478/490	690/710	590/603
16/06/2021	495/500	707/718	600/609
15/06/2021	495/500	707/718	600/609
14/06/2021	490/498	705/718	600/608

Central Bank of Nigeria’s Official Naira Rates

Date	Currency	Buying(NGN)	Central(NGN)	Selling(NGN)
6/25/2021	US DOLLAR	409.17	409.67	410.17
6/25/2021	POUNDS STERLING	568.7463	569.4413	570.1363
6/25/2021	EURO	488.8354	489.4327	490.0301
6/25/2021	SWISS FRANC	446.0105	446.5555	447.1005
6/25/2021	YEN	3.6952	3.6997	3.7042
6/25/2021	CFA	0.7254	0.7354	0.7454
6/25/2021	WAUA	583.9381	584.6516	585.3652
6/25/2021	YUAN/RENMINBI	63.3685	63.4464	63.5243
6/25/2021	RIYAL	109.1033	109.2366	109.3699
6/25/2021	SOUTH AFRICAN RAND	29.0134	29.0488	29.0843

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Samed Olukoya

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Businessinsider, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

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Naira

Black Market Dollar to Naira Exchange Rate Today 8th May 2024

The black market, also known as the parallel market or Aboki fx, US dollar to Nigerian Naira exchange rate as of May 8th, 2024 stood at 1 USD to ₦1,440.

Published

14 hours ago

May 8, 2024

Samed Olukoya

The black market, also known as the parallel market or Aboki fx, US dollar to Nigerian Naira exchange rate as of May 8th, 2024 stood at 1 USD to ₦1,440.

Recent data from Bureau De Change (BDC) reveals that buyers in the Lagos Parallel Market purchased a dollar for ₦1,430 and sold it at ₦1,420 on Tuesday, May 7th, 2024.

This indicates a decline in the Naira exchange rate compared to the current rate.

The black market rate plays a crucial role for investors and participants, offering a real-time reflection of currency dynamics outside official or regulated exchange channels.

Monitoring these rates provides insights into the immediate value of the Naira against the dollar, guiding decision-making processes for individuals and businesses alike.

It’s important to note that while the black market offers valuable insights, the Central Bank of Nigeria (CBN) does not officially recognize its existence.

The CBN advises individuals engaging in forex transactions to utilize official banking channels, emphasizing the importance of compliance with regulatory frameworks.

How much is dollar to naira today in the black market

For those navigating the currency exchange landscape, here are the latest figures for the black market exchange rate:

Buying Rate: ₦1,440
Selling Rate: ₦1,430

As economic conditions continue to evolve, staying informed about currency exchange rates empowers individuals to make informed financial decisions. While the black market provides immediate insights, adherence to regulatory guidelines ensures stability and transparency in forex transactions.

Naira

Black Market Dollar to Naira Exchange Rate Today 7th May 2024

The black market, also known as the parallel market or Aboki fx, US dollar to Nigerian Naira exchange rate as of May 7th, 2024 stood at 1 USD to ₦1,430.

Published

2 days ago

May 7, 2024

Samed Olukoya

The black market, also known as the parallel market or Aboki fx, US dollar to Nigerian Naira exchange rate as of May 7th, 2024 stood at 1 USD to ₦1,430.

Recent data from Bureau De Change (BDC) reveals that buyers in the Lagos Parallel Market purchased a dollar for ₦1,420 and sold it at ₦1,410 on Monday, May 6th, 2024.

This indicates a decline in the Naira exchange rate compared to the current rate.

The black market rate plays a crucial role for investors and participants, offering a real-time reflection of currency dynamics outside official or regulated exchange channels.

Monitoring these rates provides insights into the immediate value of the Naira against the dollar, guiding decision-making processes for individuals and businesses alike.

It’s important to note that while the black market offers valuable insights, the Central Bank of Nigeria (CBN) does not officially recognize its existence.

The CBN advises individuals engaging in forex transactions to utilize official banking channels, emphasizing the importance of compliance with regulatory frameworks.

How much is dollar to naira today in the black market

For those navigating the currency exchange landscape, here are the latest figures for the black market exchange rate:

Buying Rate: ₦1,430
Selling Rate: ₦1,420

Naira

Black Market Dollar to Naira Exchange Rate Today 6th May 2024

The black market, also known as the parallel market or Aboki fx, US dollar to Nigerian Naira exchange rate as of May 6th, 2024 stood at 1 USD to ₦1,420.

Published

3 days ago

May 6, 2024

Samed Olukoya

The black market, also known as the parallel market or Aboki fx, US dollar to Nigerian Naira exchange rate as of May 6th, 2024 stood at 1 USD to ₦1,420.

Recent data from Bureau De Change (BDC) reveals that buyers in the Lagos Parallel Market purchased a dollar for ₦1,400 and sold it at ₦1,390 on Saturday, May 4th, 2024.

This indicates a decline in the Naira exchange rate compared to the current rate.

The black market rate plays a crucial role for investors and participants, offering a real-time reflection of currency dynamics outside official or regulated exchange channels.

Monitoring these rates provides insights into the immediate value of the Naira against the dollar, guiding decision-making processes for individuals and businesses alike.

It’s important to note that while the black market offers valuable insights, the Central Bank of Nigeria (CBN) does not officially recognize its existence.

The CBN advises individuals engaging in forex transactions to utilize official banking channels, emphasizing the importance of compliance with regulatory frameworks.